Oct. 9 to 15 – S&P500 and DJIA Trading Levels
Taking a quick look at the economic events, the fundamental's area is a bit light this week. Yet, the European Central Bank and the U.S. In
Arslan Butt•Monday, October 9, 2017•1 min read
Taking a quick look at the economic events, the fundamental's area is a bit light this week. Yet, the European Central Bank and the U.S. Inflation figures will be worth trading later this week. Before this, let's check out the weekly trading levels for the U.S. stock market indices.
S&P 500 – SPX500- Trading Levels
Support Resistance
S1: 2,527 R1: 2,552
S2: 2,519 R2: 2,560
S3: 2,506 R3: 2,572
Key Trading Level: $2,539
DJIA – US30 – Trading Levels
Support Resistance
S1: 22,491 R1: 22,792
S2: 22,399 R2: 22,884
S3: 22,249 R3: 23,035
Key Trading Level: $22,642
Traders, you should check out FX Leaders Support and Resistance trading strategy to make better use of these trading levels. Good luck!
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ABOUT THE AUTHOR
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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